7:05 pm: Lawson has officially rejoined the Raptors on a two-way contract, per NBA.com’s transaction log.
9:10 am: The Raptors are re-signing guard A.J. Lawson on a two-way deal, HoopsHype’s Michael Scotto tweets.
Michael Grange of Sportsnet.ca first reported that the Raptors were expected to bring back Lawson on a two-way contract.
Lawson was on the team’s camp roster but was cut on Thursday and will clear waivers later today. The team didn’t have the ability to convert him directly to a two-way contract because he hadn’t been on an Exhibit 10 deal.
Lawson, 25, is a Toronto native who holds three years of NBA experience. He signed a two-way deal with his hometown team last December and was promoted to a multiyear standard deal in April, just before the season ended. However, Lawson’s salary for 2025/26 was non-guaranteed and the Raptors opted for financial flexibility due to their current cap/tax situation.
In 26 games with the Raptors last season, Lawson averaged 9.1 points and 3.3 rebounds in 18.7 minutes per contest on .421/.327/.683 shooting. He has also played for Dallas and Minnesota.
Toronto has a two-way opening, so a corresponding move won’t be necessary. The Raptors currently have 14 players on guaranteed contracts on their standard roster and will likely remain one below the maximum entering the season.